688299: Ningbo Changyang Technology Co.
DATE:  Nov 13 2020

Ningbo Changyang Technology Co., Ltd

List of incentive objects granted for the first time under the restricted stock incentive plan in 2020

(after adjustment)

1、 Distribution of restricted stock incentive plan

Serial number Name Nationality Position Number of restricted shares granted (10000 shares) Proportion in the total number of restricted shares granted Proportion of the total share capital of the company on the announcement date of the incentive plan
1、 Directors, senior managers and core technicians
Jin Yadong China Director, general manager and key technical personnel 50  5.82%  0.18% 
Liu Bin China Director and Deputy General Manager 30  3.49%  0.11% 
Yang Zhonghe Taiwan, China Deputy General Manager 30  3.49%  0.11% 
Li Chen China Director, deputy general manager, chief financial officer and Secretary of the board of directors 25  2.91%  0.09% 
Yang Chenghan Taiwan, China Deputy general manager, key technical personnel 20  2.33%  0.07% 
Zhou Yubo China Key technical personnel 24  2.79%  0.08% 
Subtotal 179  20.82%  0.63% 
2、 Other incentive objects
Other persons considered by the board of directors to be motivated (107 persons) 620.70  72.20%  2.20% 
Total number of restricted shares granted for the first time 799.70  93.02%  2.83% 
3、 Reserved part 60  6.98%  0.21% 
Total 859.70  100%  3.04% 

Note: 1. If there is any difference in the mantissa between the sum of part of the total and the sum of the detailed figures, it is due to rounding;

2. The list of reserved incentive objects will be determined within one year after the restricted stock incentive plan is deliberated and approved by the general meeting of shareholders of the company in 2020.

Board of directors of Ningbo Changyang Technology Co., Ltd

November 13, 2020

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